🇨🇦 Oil Price Shock Impact on Canada
Modeled estimates of how a sudden oil price increase (to $128/barrel, realistic sensitivity) would affect different sectors of Canada's economy.
Sectors
- ✈️ Travel & Tourism — estimated +12.8% to +23.5%
- 🚛 Transportation — estimated +17.1% to +31.4%
- 🛒 Food & Groceries — estimated +6.4% to +15.7%
- ⚡ Energy — estimated +21.4% to +39.2%
- 🏗️ Construction — estimated +8.6% to +18.3%
- 🏠 General Cost of Living — estimated +10.7% to +20.9%